Documents
Attributes
Year Built | 1998 |
Building Area Net |
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Occupancy | 74.0 % |
Asset Description
JLL Capital Markets is pleased to offer for sale The Corbin Collection, a +/- 157,200 SF, recently renovated necessity and specialty retail-oriented shopping center in West Hartford, CT. The property is located in the super-regional Corbins Corner retail node, adjacent to I-84 on the southern edge of West Hartford. Anchored by REI and Saks Off Fifth, the property is also seamlessly integrated into, and shadow anchored by Corbin’s Corner Shopping Center, which is home to Trader Joe’s, Total Wine, and Best Buy. Further bolstering consumer demand, the asset is situated across the street from the super-regional Westfarms Mall.
The Corbin Collection offers investors immediate upside potential through the lease-up of 40,000 SF of second-level vacancy, ideal for office, medical office, or higher education uses. The Corbin Collection will provide investors a combination of stable cash flow and viable upside in an exceptional location in Connecticut’s most sought after retail destination.
Investment Highlights
- 157,200 SF Premier Shopping Center in West Hartford, CT
- Super-Regional Trade Area
- Institutional Quality Demographics - Over 268,800 people live within 5 miles and average household incomes exceed $86,900
- Value-Add Potential - 40,000 SF of second level vacancy